By 1933, Day was an early, vocal and substantial proponent of long-term mortgages.

There might be a long-term mortgage on it from another time.

Executives of other banks also reported increased interest in recent months from borrowers seeking such long-term mortgages.

New York, he said, has a higher percentage of affluent homeowners who are more mobile and therefore less likely to need a long-term mortgage.

So it doesn't make sense to be tied down to a long-term mortgage.

Up until 1971, most lenders were giving very long-term mortgages.

Interest rates on savings deposits were over 15% at a time when the industry was invested in long-term mortgages charging about 8%.

Insurance companies hold about $230 billion in long-term commercial mortgages.

A promise to present all 37 of Handel's operas is a little like taking out a long-term mortgage.

But what many homeowners and prospective buyers do not know is that the Fed's actions have little, if any, direct impact on traditional long-term mortgages.